Jackson Walker represented JRGO, LLC d/b/a Integrity Assessment Group (“IAG”), a leading provider of pipeline integrity and other testing services for the energy industry, and its controlling equityholder, Cambridgeport Capital, in a sale transaction with XCEL NDT, a portfolio company of Greycliff Partners. The transaction closed on September 8, 2025, for an undisclosed amount.
Jackson Walker advised Cambridgeport throughout the transaction, providing strategic counsel on deal structure, negotiation, and execution. The Jackson Walker team was led by partner Evan Malloy (who also represented Cambridgeport Capital in its initial acquisition of JRGO in 2019) and included Corporate & Securities attorneys Chelsea Wood, Kelly McConnell, and Manonh Soumahoro; Tax partner Aaron Pinegar; Real Estate attorneys Michael Vecchio and Joel Heydenburk; Environment & Natural Resources partner Peter Wahl; Employee Benefits & Executive Compensation partner Steve Day; Labor & Employment partner David Schlottman; Data Privacy partner John Jackson; and Intellectual Property partner Sara Borrelli.
This strategic acquisition expands XCEL’s geographic footprint and service capabilities, positioning the combined entity for continued growth in the industrial inspection sector. To learn more about the acquisition, view the news release.
Meet Jackson Walker
Since Jackson Walker’s founding in 1887, our attorneys have represented some of the most influential companies and business leaders in the world. Today, we remain firmly rooted in Texas while serving clients around the globe. With more than 500 attorneys across six offices, we are the largest firm in the state and have been recognized in the prestigious Chambers USA Guide for Corporate/M&A in Texas for providing counsel on highly complex transactions ranging from millions to billions. To explore the firm’s experience in mergers, acquisitions, dispositions, joint ventures, and other strategic alliances, visit the Corporate & Securities practice page.
